Hampton Inn & Suites In Kent Refinanced For $13.5 Million By Drit Shoemaker Of Gantry

The asset involved in this transaction is a hotel located at 21109 66th Avenue South in Kent, WA. The hotel consists of 95 keys and was refinanced through a loan amounting to $13,500,000. The refinance is categorized as a permanent loan that replaced maturing debt while also providing several million dollars in equity to the owner after implementing a performance improvement plan.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $13,500,000
• Loan Type: Refinance
• Loan Date: 04/15/2026
• Address: 21109 66th Avenue South
• Market: Kent, WA
• Keys: 95
• Broker: Drit Shoemaker - Gantry

Drit Shoemaker from Gantry represented the refinancing transaction for the Hampton Inn & Suites in Kent, WA. This refinancing action replaced existing debts and provided substantial equity to the owner as part of the deal following a performance enhancement strategy.